1880 County Road 251, Florence TX 76527

Reviewing the most recent comparable transactions, this home's market value falls around $505,579. For a well positioned listing in 76527, I'd target the $530,000 to $617,000 range. In the current 76527 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 123 sqft larger than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in 76527 (a buyer's market), competition is a factor to consider. Recent trends in 76527 show home values have fallen 40.9% since 6 months ago. The most comparable recent sale is 2155 Highway 138, Florence TX 76527, with an adjusted value of $529,954; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group